Futuris Company (FTRS)

[GreaseWD40]

Or we simply have not been told about it. BP has kept their contractors quiet.

EVXA made some interesting moves over the past few months that make me think something really big is on the horizon if not already taking place.

8-?-2010: Approval of Authorized Shares up to 100 billion.

8-16-2010: Enviroxtract announces the commencement of a new phase of extraction testing with petroleum contaminated soils and sands after several months of necessary equipment refitting, maintenance, and upgrades in its Gulf Coast testing facility. Samples of soil and sands affected by the recent oil spill in the Gulf of Mexico will be tested during this phase. The company continues to pursue its business plan to develop and supply efficient environmental remediation technologies to address oil spills and chemical spills.

9-19-2010: Domesticated to Wyoming.

9-20-2010: TA (Transfer Agent) releases updated share structure below.
AS= 100,000,000,000
OS= 6,390,809,652

9-21-2010: EnviroXtract announces that it has received analytical reports associated with the initial testing of its proprietary oil extraction process on tar balls collected from a Florida beach after the recent BP Gulf Oil Spill. Based upon a quantitative analysis performed by Test America Laboratories on representative tar ball samples, the average extraction rate of petroleum removed from the sample material was approximately 99.98%.

The company continues to restructure its stock in order to increase liquidity and raise sufficient capital to pursue its business plan to develop and supply efficient commercial environmental remediation technologies to address oil spills and chemical spills.

9-29-2010: Final Filing, Legally Dissolved in the state of Nevada.

__________________________________________________________________

Based on some PM's I have received over the past two weeks, it would seem that potential investors are concerned about the "Authorized Share" structure for EVXA. I will share here what i have shared in my PM's. There are a few options of what could potential happen with 100 billion Authorized shares.

1. The company requires the ability to sell shares to raise capitol. This could be to maintain normal business operations or further large projects.

2. The company is going to fall into the dreaded pattern of many pinkies that issue shares and then reverse split with the pattern continuing.

3. The company has received approval for a large number of Authorized Shares to protect against a potential hostile takeover. Controlling interest held in unissued stock means outside shareholders will have little influence over the decisions of the company.

Here is a helpful link for those interested in reading about "Authorized Shares."
http://stocks.about.com/od/understandingstocks/a/Shareterm113004.htm

If you have read our sticky at the top of the forum, you will see that I personally believe Enviroxtract has raised their Authorized Shares, moved to a much lower taxed state and become rather mum because they have something HUGE going on.

Now, as I tell everyone, don't invest because of my own opinion. It is up to each of us to determine if this is a good investment or not. Remember, although they are a "current" company in good standing, this is a speculative company. Their technology is proven and there are new opportunities everyday for EVXA to implement their processes. Do your own DD and good luck with your decision.